Glaucoma Surgery Devices Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global glaucoma surgery devices market is projected to grow at a considerable CAGR of around 7% during the forecast period. The growing occurrences of chronic disorders of eyes, increasing favourable government policies, and government initiatives to prevent vision impairment, among others are the key factors to drive the growth of the glaucoma surgery devices market across the globe. Technological enhancements in the glaucoma surgery devices are playing a significant role and marking significant trends in the area glaucoma surgery, which are anticipated to accelerate the growth of the market during the forecast period. The increasing adoption of minimally invasive glaucoma surgery owing to its higher safety profile with fewer complications and rapid recovery time is further creating the demand for glaucoma surgery devices across the globe.
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According to NPCB (National Programme for Control of Blindness), there
are around 45 million blind individuals across the globe, and as per the World
Health Organization (WHO), the population of blind individuals will double due
to the growing population and longevity. These factors are expected to increase
the demand for glaucoma surgery. Various government programs and initiatives
have contributed substantially to the growth of the glaucoma treatment which in
turn is creating demand for the glaucoma surgery devices market. For instance,
in India, a program NPCB was launched, aimed to reduce the prevalence of
blindness to 0.3% by 2022. Additionally, the program included treatment for eye
diseases such as diabetic retinopathy, as well as glaucoma, by the use of
several lasers.
Moreover, technological advancements, including optical coherence tomography for increasing the accuracy of glaucoma laser surgeries, witnessed in the ophthalmology, also strengthened the glaucoma surgery device market. On the other hand, these devices are quite expensive which is hampering the acceptance of these devices among the end-users, which can restrain the growth of the glaucoma surgery device market across the globe. Key ophthalmic Laser therapy providers include Carl Zeiss Meditec AG, NIDEK Co., Ltd., Bausch & Lomb, Inc., Novartis International AG, Quantel Medical, and A.R.C. Laser GmbH among others.
·
High
Prevalence of glaucoma to drive the global market.
·
Risk of
postoperative glaucoma surgeries to restrain market growth.
·
North
America held a major market share in 2018.
·
Programs
and initiatives across the globe to prevent glaucoma are anticipated to offer
considerable opportunities for the growth of the global market.
A
full Report of Glaucoma Surgery Devices Market is Available at: https://www.omrglobal.com/industry-reports/glaucoma-surgery-devices-market
Global
Glaucoma Surgery Devices Market
·
Conventional
Glaucoma Surgeries
·
Minimally
Invasive Glaucoma Surgeries
By Product
Type
·
Glaucoma
Drainage Devices
·
Glaucoma
Laser Devices
·
Implants
& Stents
By
End-User
·
Hospitals
·
Ophthalmology
Clinics
·
Others
Global
Glaucoma Surgery Devices Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
A.R.C.
Laser GmbH
·
Abbott Laboratories,
Inc.
·
Allergan
PLC
·
Bausch
& Lomb, Inc.
·
Carl
Zeiss Meditec AG
·
Coherent,
Inc.
·
Ellex
Medical Lasers, Ltd.
·
Glaukos
Corp.
·
IPG
Photonics Corp.
·
IRIDEX
Corp.
·
Johnson
& Johnson Service, Inc.
·
LIGHTMED
Corp.
·
LightScalpel
·
Meridian
AG
·
NIDEK
Co., Ltd.
·
Novartis
International AG
·
Quantel
Medical
·
SCHWIND
Eye Tech Solutions GmbH
·
Topcon
Medical Systems, Inc.
·
Zeimer
Ophthalmic Systems AG
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